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BSCN· 2025-12-04 04:39
Product Launch - Binance launched Binance Junior, a parent-controlled crypto app for users aged 6 to 17 [1] - Binance Junior offers a simplified interface with core features like Save, Earn, and Send, but no trading access [1][2] - Binance also released "ABC's of Crypto," a beginner-friendly book explaining blockchain terms [5] Key Features & Functionality - Parents manage every aspect of the child's experience from a dashboard, including savings plans and transfers [1][2] - Transfers have daily limits, and minors can only send to approved accounts [2] - The platform blocks access to adult features, restricts transfers, and alerts parents to every action [3] Safety & Control - Parents can create a sub-account from their main Binance profile and freeze the Junior account anytime [1][3] - Users aged 13 and up can initiate transfers within parental and regulatory rules; younger children use the app as a savings tool [4] Strategic Rationale - Binance aims to ease younger users into saving and financial learning as money shifts toward digital systems [1] - Binance believes early exposure to structured saving helps build long-term financial discipline [4] - Binance prepares children for a world where digital assets hold a central role [5]